Director at Beachbody (NYSE: BODI) receives 9,182 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Conlin Mary Murphy reported acquisition or exercise transactions in this Form 4 filing.
Beachbody Company, Inc. director Mary Murphy Conlin received a grant of 9,182 deferred restricted stock units (DSUs) tied to Class A common stock. The units were awarded at $0.00 per unit as director compensation and are held as derivative securities.
The DSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting, subject to continued service. Payment will be made in cash and/or stock, at the issuer’s election, within 45 days after the earliest of separation from service, death, disability, or a change in control, and the DSUs have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Conlin Mary Murphy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 9,182 | $0.00 | -- |
Holdings After Transaction:
Deferred Restricted Stock Units — 9,182 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred restricted stock units granted: 9,182 units
Grant price per DSU: $0.00 per unit
Underlying Class A shares: 9,182 shares
3 metrics
Deferred restricted stock units granted
9,182 units
Director compensation grant of DSUs
Grant price per DSU
$0.00 per unit
Award of deferred restricted stock units
Underlying Class A shares
9,182 shares
Each DSU corresponds to one Class A common share
Key Terms
Deferred Restricted Stock Units, Deferred Compensation Plan, change in control, Class A Common Stock
4 terms
Deferred Restricted Stock Units financial
"Represents restricted stock units that have been deferred under our director Deferred Compensation Plan ("DSUs")."
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
Deferred Compensation Plan financial
"Represents restricted stock units that have been deferred under our director Deferred Compensation Plan ("DSUs")."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
change in control financial
"shall occur within 45 days following the earliest to occur of the director's separation from service, death, disability or a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Class A Common Stock financial
"underlying_security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Beachbody (BODI) report for Mary Murphy Conlin?
Beachbody reported that director Mary Murphy Conlin received 9,182 deferred restricted stock units as compensation. These DSUs are tied to Class A common stock and were granted at $0.00 per unit, increasing her derivative holdings to 9,182 units.
How many Beachbody (BODI) deferred restricted stock units were granted in this Form 4?
The Form 4 shows a grant of 9,182 deferred restricted stock units to a Beachbody director. Each DSU relates to one share of Class A common stock, and the award increased the director’s derivative position to 9,182 units following the transaction.
When do the Beachbody (BODI) DSUs granted to the director vest?
The DSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting. Vesting is conditioned on the director’s continued service with Beachbody through that date, aligning the award with ongoing board tenure requirements.
How and when are the Beachbody (BODI) deferred stock units paid out?
Payment of the DSUs occurs within 45 days after the earliest of separation from service, death, disability, or a change in control. Beachbody may settle the DSUs wholly or partly in cash, providing flexibility in how the director ultimately receives value.
Do the Beachbody (BODI) DSUs reported in this Form 4 have an expiration date?
The filing states that the deferred restricted stock units have no expiration date. They remain outstanding until they are settled after the earliest of specific events, including separation from service, death, disability, or a change in control, subject to vesting.
Is this Beachbody (BODI) Form 4 transaction a market buy or sell?
No, this Form 4 reflects a grant of 9,182 deferred restricted stock units as compensation, not an open-market trade. The transaction was coded as an acquisition (A) of derivative securities with a grant price of $0.00 per unit, rather than a purchase or sale.